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: Ellie Drury,ABR,CDPE,CDRS,CRS,ePRO's Blog
: Archives September, 2010
Disposition of Previous Mortgage – Don’t Let This Blow Your Transaction - 09/18/10 04:34 PM
For everyone who had a short sale or foreclosure on a property with an FHA mortgage, there is some fallout afterwards. I know things seem fine now that it's over, and they certainly are much better, but don't forget the 3 year wait period before purchasing another property with an FHA loan. Via David Krushinsky (Mortgage Professional - Phoenix, AZ - NMLS 202115): Anyone that has successfully closed a short sale in the last few years can benefit from knowing what to expect when purchasing a home in the future. It's very likely the borrower had to make late payments during
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Ellie Drury,ABR,CDPE,CDRS,CRS,ePRO
West Palm Beach,
FL
More about me
Home Run Real Estate
Address: 3918 Via Poinciana, Ste. 7, Lake Worth, FL, 33467
Office Phone: (561) 433-3836
Cell Phone: (561) 310-2209
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